What is Healthcare Industry ?
The healthcare industry (or the medical industry ) is the category of stocks relating to medical and healthcare goods or services. The healthcare sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products. It’s an aggregation and integration of sectors within the economic system. They also aim to provide goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. It includes the generation and commercialization of goods and services lending themselves to maintaining and re-establishing health. The modern healthcare industry is divided into many sectors. They all depend on interdisciplinary teams of trained professionals and paraprofessionals to meet health needs of people.
Why does Health Care need IT alongside ?
IT sector aims to minimize human efforts and increase the overall throughput. As time went by it found its use in different traits allover the market. Some of them include automation, reduced human intervention so that a machine can work independently, where it is supplied with the necessary details. Machines have a very precise and fixed way of doing work so that it can gain efficiency at the end of the day.
We know that healthcare in the past, operated on manual tools and machines which took a lot of time to give the user a proper result. It not only made the whole process easy but gave a great advantage to the user in terms of flexibility. Now there is no need for a Doctor to wait for a report as it is available within minutes.
Health Care uses something called as the PACS. A picture archiving and communication system (PACS) is a computerized means of replacing conventional radio-logical film with Computer Images.
This reduces a lot of paper work and the clutter that comes along with it. Now patients can carry their entire case history in a small object like a CD or a DVD. This is not only cost effective but very clean and efficient.